Gold Bullish idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking bullish on Gold and ideally we can continue with this new trend.
Look for structure/higherlow between our 38.2% fib and 1825.00 support. Enter long on bullish setups once the higher low is confirmed.
Trade scenario 2: For us to consider gold bearish we would need to see a lower high below 1825.00
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Looking bullish on Gold and ideally we can continue with this new trend.
Look for structure/higherlow between our 38.2% fib and 1825.00 support. Enter long on bullish setups once the higher low is confirmed.
Trade scenario 2: For us to consider gold bearish we would need to see a lower high below 1825.00
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.